SAN FRANCISCO (August 1, 2013) - San Francisco based Kimpton Hotels & Restaurants today announced the appointment of Jim Alderman as Senior Vice President of Acquisitions and Development based in Atlanta. In this new role, Alderman will be responsible for corporate development and growth initiatives in the eastern half of the U.S., along with other development and acquisition projects across the brand.

As a seasoned real estate, private equity finance and development veteran, Alderman brings more than 30 years of experience working with such top hospitality brands as Starwood Hotels & Resorts, Wyndham, Bristol Hotels and Holiday Inn Worldwide. Most recently, he served as a principal for Access Point Financial, and previous posts have included Executive Vice President, Global Development for the Wyndham Hotel Group and Executive Vice President of Hotel Development for Starwood Capital, as well as serving as a senior vice president for Kimpton from 2005-2007.

"We've seen firsthand and from afar what Jim can do in our industry, and we are excited to have him back to expand upon our current growth objectives," said Joe Long, Chief Investment Officer and Executive Vice President of Acquisitions and Development for Kimpton. "He brings a wealth of knowledge and experience in the hotel deal-making world. Having him at Kimpton will strengthen our corporate development initiatives for the years to come."

"It's been interesting to see Kimpton make strides over the past few years toward thoughtful expansion into more of a player in the resort sector to complement its urban, chic boutique core competency," said Alderman. "It's a perfect time to return to the brand and bring my experience in these areas to support this growth."

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About Kimpton Hotels & Restaurants

San Francisco-based Kimpton Hotels & Restaurants is the leading collection of boutique hotels and restaurants in the United States and the acknowledged industry pioneer that first introduced the boutique hotel concept to America. In 1981, Bill Kimpton founded the company that today is renowned for making travelers feel genuinely cared for while away from home through fun and thoughtful perks and amenities, distinctive design at each hotel and a sincerely personal style of guest service. Out to help people live full, balanced lives, Kimpton aims to inspire with touches like yoga mats in every room, complimentary coffee and tea to start the day, hosted evening Wine Hour, in-room fitness programming and complimentary bike rentals. Kimpton's award-winning restaurants and bars are led by talented chefs and bartenders that offer guests a chance to dine like a local. Kimpton leads the hospitality industry in eco-friendly practices that span all hotels and restaurants. Kimpton is consistently ranked as one of the top companies in the Market Metrix Hospitality Index, Upper Upscale Segment, for Customer Satisfaction. The company is highly-regarded for its innovative employee culture and benefits and has been named a Fortune magazine "Best Place to Work" four times since 2009. Kimpton operates 60 hotels and 70 restaurants, bars and lounges in 26 cities. For more information, visit www.kimptonhotels.com and www.kimptonrestaurants.com.

Contact: Aimee Grove

415.706.1906

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